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Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch

 
CharlieFoxtrot
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02/08/2021 07:52 AM
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Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
cha ching! going ape shit.
[link to cointelegraph.com (secure)]

Tesla's words:

...we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future...



Last Edited by CharlieFoxtrot on 02/08/2021 08:18 AM
Anonymous Coward
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02/08/2021 07:59 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
43K!!!!!!


Like a freight train!!!!
Anonymous Coward
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02/08/2021 08:02 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Tesla invested $1.5B just now.
Anonymous Coward
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02/08/2021 08:03 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
43.5K!!!!


Still has steam......major whale action....
junglekid

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02/08/2021 08:14 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Heading to 50k
Anonymous Coward
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02/08/2021 08:16 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
[link to www.godlikeproductions.com]
Anonymous Coward
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02/08/2021 08:19 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Can't even log in at Binance right now
Error 504, and others.
Anonymous Coward
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02/08/2021 08:19 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
43.5K!!!!


Still has steam......major whale action....
 Quoting: Anonymous Coward 79044425


Dope look what happened on the 29th when it spiked the same. These spikes are markers for the players. This is not major whale action noob
Anonymous Coward
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02/08/2021 08:23 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
It was short covering with lots of traders having stops just above ATHs. So now we see what kind of squeeze it gets, what levels of support It builds. My little pet theory is BTC has been invented to wipe millennials out.

They are going to let this thing get big, and then outlaw crypto for any and all legitimate business / lawful holding (think FDR gold), and literally tank it. Ruining what small bit of wealth millennials have been able to accumulate.

Be careful. They are coming for it. And part of coming for it is letting it get BIG. I’m still in the 100k club for a wild ass guess on price, followed by sub 1000 when governments of the world prohibit holding any significant amount and any use outside of novelty.
Anonymous Coward
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02/08/2021 08:25 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
cha ching! going ape shit.
[link to cointelegraph.com (secure)]

Tesla's words:

...we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future...


 Quoting: CharlieFoxtrot


"THEY" can switch it the other way just as easily...fools.
Anonymous Coward
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02/08/2021 08:29 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
5a
Anonymous Coward
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02/08/2021 08:32 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
44k
Anonymous Coward
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02/08/2021 08:34 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Best to own a diverse portfolio of cryptoassets BEFORE the market pumps so you can take profits on volatile coins. Dash has doubled my money 4 times over the last year...
Anonymous Coward
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02/08/2021 08:36 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
It was short covering with lots of traders having stops just above ATHs. So now we see what kind of squeeze it gets, what levels of support It builds. My little pet theory is BTC has been invented to wipe millennials out.

They are going to let this thing get big, and then outlaw crypto for any and all legitimate business / lawful holding (think FDR gold), and literally tank it. Ruining what small bit of wealth millennials have been able to accumulate.

Be careful. They are coming for it. And part of coming for it is letting it get BIG. I’m still in the 100k club for a wild ass guess on price, followed by sub 1000 when governments of the world prohibit holding any significant amount and any use outside of novelty.
 Quoting: Anonymous Coward 78576101


Number #1 Where is all the inflation going ? #2 Why would the big boys be buying. I thought the same but now ?
wattsun

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02/08/2021 08:38 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Fools Gold...Just watch
wattsun
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02/08/2021 08:40 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Tesla invested $1.5B just now.
 Quoting: Anonymous Coward 78774660


yup

[link to www.investing.com (secure)]
 Quoting: ^TrInItY^


BUT!.....But.....but Elon likes Doge......lol......
Anonymous Coward
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02/08/2021 08:42 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
HOLY SHIT TESLA BOUGHT 1.5BILLION Bitcoin!!! this is mega huge
Anonymous Coward
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02/08/2021 08:45 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Fools Gold...Just watch
 Quoting: wattsun


No point in talking sense to them. They don't see it, fuck em. Let them think they will be the next warren buffett.
Anonymous Coward
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02/08/2021 08:45 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
43.5K!!!!


Still has steam......major whale action....
 Quoting: Anonymous Coward 79044425


Dope look what happened on the 29th when it spiked the same. These spikes are markers for the players. This is not major whale action noob
 Quoting: Anonymous Coward 69987138


Shhh... let them buy into the rise. This is always fun to watch.
Anonymous Coward
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02/08/2021 08:49 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Tesla invested $1.5B just now.
 Quoting: Anonymous Coward 78774660


yup

[link to www.investing.com (secure)]
 Quoting: ^TrInItY^


This marks the start of the next bull run. Other companies are invested more heavy in BTc than tesla, but tesla has the exposure.

Strap in. And I'm warning, get out of doge take profit now if you haven't.
panther0621

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02/08/2021 08:51 AM

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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
I dont see that he has bought in yet. the candlesticks look like a bunch of retail buys. this could go much bigger when it happens.
FirtyFree

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02/08/2021 08:53 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Another trap. All these recent sharp investment realm activities are intentional pre shocks for the Big One collapse on deck.
If it isn't in The Bible then it is just conspiracy theory.
Anonymous Coward
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02/08/2021 08:54 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Tesla invested $1.5B just now.
 Quoting: Anonymous Coward 78774660


yup

[link to www.investing.com (secure)]
 Quoting: ^TrInItY^


This marks the start of the next bull run. Other companies are invested more heavy in BTc than tesla, but tesla has the exposure.

Strap in. And I'm warning, get out of doge take profit now if you haven't.
 Quoting: Anonymous Coward 79275646


BTC can't grow beyond what it is now because there's an artificial limit on the number of transactions BTC can process in a single day. We're currently at or bumping into that limit every day.

Just like if you had to obey a speed limit of 20 mph you'd never be able to go cross country, similarly BTC's price can't continue to grow if there is an artificial limit on its usefulness.

That's why DASH solved the scalability problem in 2015 with masternodes. Masternodes let full node operators recieve payment from the block reward just like miners. That means when more people try to use the network, they can handle the load because that's what they're paid to do.

In BTC, only miners get paid, full node operators are volunteers. As more people use the network, the blocks get bigger and it gets more expensive to run the computers to transfer them to each other and form the network. This is why BTC has that artificial transaction limit.
FirtyFree

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02/08/2021 08:55 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Fools Gold...Just watch
 Quoting: wattsun


No point in talking sense to them. They don't see it, fuck em. Let them think they will be the next warren buffett.
 Quoting: Anonymous Coward 78349802



The chaff is abundant.
If it isn't in The Bible then it is just conspiracy theory.
Anonymous Coward
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02/08/2021 08:55 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
It was short covering with lots of traders having stops just above ATHs. So now we see what kind of squeeze it gets, what levels of support It builds. My little pet theory is BTC has been invented to wipe millennials out.

They are going to let this thing get big, and then outlaw crypto for any and all legitimate business / lawful holding (think FDR gold), and literally tank it. Ruining what small bit of wealth millennials have been able to accumulate.

Be careful. They are coming for it. And part of coming for it is letting it get BIG. I’m still in the 100k club for a wild ass guess on price, followed by sub 1000 when governments of the world prohibit holding any significant amount and any use outside of novelty.
 Quoting: Anonymous Coward 78576101


Number #1 Where is all the inflation going ? #2 Why would the big boys be buying. I thought the same but now ?
 Quoting: Anonymous Coward 78527880


The "big boys" are going to take their money and Joe six pack's money along with it like they always do. Then joe has to hodl until the next cycle years from now, if there is another one.
Anonymous Coward
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02/08/2021 08:56 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
It was short covering with lots of traders having stops just above ATHs. So now we see what kind of squeeze it gets, what levels of support It builds. My little pet theory is BTC has been invented to wipe millennials out.

They are going to let this thing get big, and then outlaw crypto for any and all legitimate business / lawful holding (think FDR gold), and literally tank it. Ruining what small bit of wealth millennials have been able to accumulate.

Be careful. They are coming for it. And part of coming for it is letting it get BIG. I’m still in the 100k club for a wild ass guess on price, followed by sub 1000 when governments of the world prohibit holding any significant amount and any use outside of novelty.
 Quoting: Anonymous Coward 78576101


I don't know... something people don't look at is, as Bitcoin keeps going up and up in value, the Bitcoin millionaires and billionaires have more "pull" with crypto laws.

We all know governments are beyond crooked (look at Biden's fake Presidential "win"). They don't care where the bribes come from.

As Bitcoin money begins to grease the wheels of politics, they are likely going to keep Bitcoin safe and crush any other crypto competitors.

I think that's a much more likely future...
Pickett

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02/08/2021 09:02 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Musk needs to go to Jail

This guy is pushing the card way to much

Look at the game he is playing on Twitter

Read his recent tweets

All related to stocks pretty much in terms of
subliminal messages

He can pre buy a stock then a week later pretty much mention the stock and then everyone jumps in the game

He then dumps the shares to make bank
BBQ BOY™

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02/08/2021 09:05 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch

"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

Life can only be understood backwards, but it must be lived forwards.
Anonymous Coward
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02/08/2021 09:06 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Tesla just bought 1.5 billion and will accept for bitcoin for purchasing it's cars that's why...
panther0621

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United States
02/08/2021 09:07 AM

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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
Musk needs to go to Jail

This guy is pushing the card way to much

Look at the game he is playing on Twitter

Read his recent tweets

All related to stocks pretty much in terms of
subliminal messages

He can pre buy a stock then a week later pretty much mention the stock and then everyone jumps in the game

He then dumps the shares to make bank
 Quoting: Pickett


he probably didn't touch certain things. just hype. maybe gave some money away on doge. he is telling the common person how to make a few to thousands of dollars moving digits between accts.

now his company has made a SEC allowed statement he is going into bitcoin with tesla. great move. tesla is a futuristic company. that is why it doesn't make money yet but stock allows for it to work on things.
BBQ BOY™

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02/08/2021 09:08 AM
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Re: Bitcoin just spiked > 42,000 a few minutes ago - like somebody flipped a switch
$ 43,498

rockon
"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

Life can only be understood backwards, but it must be lived forwards.





GLP